LBX Chooses Lexington, Kentucky, for Customer Center-Training Complex
07/02/2018
The new facility on 25 acres on Remington Way in the Citation Business Park will be dedicated to customer experience programs, including dealer training, product demonstrations and customer events. It will also house the company’s engineering staff and training operations for current and new employees.
Additionally, plans include space to test new machine designs, concepts and features. LBX executives plan to complete the project by March 2019. The facility will be the company’s second in Lexington as LBX leaders plan to maintain their current headquarters and distribution center on Buck Lane.
“The LBX Customer Experience Center is the next logical step to serving our dealers and customers better,” said Eric Sauvage, President & CEO, LBX Company LLC. “We look forward to welcoming guests to the facility. It’s an exciting and important next step to prepare LBX for future growth.”
Link-Belt began manufacturing excavators in Lexington in 1975, at that time in tandem with the company’s crane manufacturing operations. Link-Belt spun off LBX in 1998 as an independent company. Since then, LBX has grown from 15 employees to nearly 100. Both LBX and Link-Belt are subsidiaries of Sumitomo Construction Machinery, based in Chiba, Japan. LBX distributes its products through a network of 59 independent dealers across 137 locations.
To encourage the investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in March approved the company for up to $70,000 in performance-based tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing. In addition, LBX can receive resources from the Kentucky Skills Network.
“LBX has grown tremendously since it began in Lexington 20 years ago, and this latest investment underscores the company’s commitment to Kentucky,” Governor Matt Bevin said. “Equipping companies with a skilled workforce is something that our administration has taken very seriously. When a company prioritizes internal training efforts, such as LBX has with this investment, it makes that goal all the more attainable. Congratulations to LBX and the Lexington community on the continued growth of this remarkable locally based company.”
Senator Ralph Alvarado, of Winchester, said, “LBX’s expansion in Lexington is a testament to the fact that Kentucky is setting the tone for growth and job creation,” Senator Alvarado said. “It is good to know that our community is contributing to LBX’s success as it is paying dividends to our economic achievements throughout this region.”
Lexington Mayor Jim Gray said, “LBX Company’s strong presence in Lexington over the last 20 years shows that Lexington is a great place to start and grow a business.” said Mayor Jim Gray. “Now, with this new multi-million dollar investment in its Customer Experience Center, we feel confident that LBX Company will be around for a long, long time and will be an even stronger partner for our citizens and our city.”
Bob Quick, President & CEO of Commerce Lexington Inc. noted, “LBX Company is a strong global brand and a great example of foreign direct investment in Lexington,” Quick said. “Commerce Lexington Inc. is proud to celebrate the groundbreaking of LBX’s new Customer Experience Center. Congratulations to LBX, a groundbreaking company, on this great addition to their thriving headquarters in Lexington.”
Project Announcements
Sun Pharmaceuticals Plans Princeton, New Jersey, Headquarters
03/18/2025
Engineered Foam Packaging Expands Bishopville, South Carolina, Operations
03/18/2025
Space Exploration Technologies Corporation Expands Bastrop, Texas, Operations
03/16/2025
Ralliant Corporation Plans Raleigh, North Carolina, Global Headquarters
03/16/2025
CG Model Tek Expands Coffee County, Tennessee, Manufacturing Operations
03/16/2025
TST Fabrication and Machine Expands Norfolk, Virginia, Headquarters-Operations
03/16/2025
Most Read
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Designing Beyond the Assembly Line
Q1 2025
-
Forging Solid Foundations
Q1 2025
-
Industries Look for Employees in Nontraditional Spaces Amid Labor Shortage
Q4 2024
-
What to Make of the Rising Trend of Salary Transparency in Job Descriptions
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024